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Indiana · Nonprofit

Marian University

Marian University (Indiana) receives grants from 153 organizations whose IRS filings report $70,193,116 to it, the largest being LILLY ENDOWMENT INC ($33,703,276). 83 of them have funded it in more than one year.

Revenue FY2025
$200M
Funders on record
153
Grants received
$70M
Net assets
$229M
83/153 repeat funderspeak grant-dependency 6%
01What it does

What Marian University does

Mission

To be a great catholic university dedicated to excellence in learning, achieved by teaching, research, & scholarly activities in franciscan & liberal arts tradition.

As stated on its FY2025 Form 990.

Program

  1. Marian University served 3,721 students as measured fall, 2024. This was comprised of 2,614 undergraduate, 470 graduate and 634 doctoral and 3 certification students. Included in these demographics are traditional full and part-time undergraduates, accelerated on-line adult programs, accelerated 2nd degree nursing, medical and other doctoral and graduate students. Marian offers 49 undergraduate degrees. The top 10 programs in terms of number of majors are: nursing, management, biology, excercise science, business, marketing, finance, liberal arts, elementary education, and psychological science. Graduate programs currently offered are: biomedical sciences, clinical exercise physiology, counseling, education leadership, leadership practice, special education, physiology of exercise, and engineering physics. Doctoral programs currently offerred are doctor of osteopathic medicine, family nurse practitioner, nurse anesthesia and organizational leadership. Demographic information regarding the marian student population is as follows: male 38.9% and female 61.0% and other .1%. Ipeds race/ethnicity: white - 56.4%, black or african american - 15.4%, hispanic/latino - 12.8%, asian - 4.9%,…

    $165,626,036 spentof which $50,043,533 as grants$161,981,445 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $165,626,036.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($120M) Expenses 100 ($105M) Net assets 100 ($93M)2018 Revenue 110 ($133M) Expenses 109 ($115M) Net assets 118 ($109M)2019 Revenue 117 ($141M) Expenses 118 ($124M) Net assets 128 ($119M)2020 Revenue 114 ($137M) Expenses 121 ($126M) Net assets 127 ($118M)2021 Revenue 147 ($176M) Expenses 131 ($137M) Net assets 191 ($177M)2022 Revenue 150 ($180M) Expenses 157 ($165M) Net assets 181 ($168M)2023 Revenue 146 ($176M) Expenses 165 ($173M) Net assets 195 ($181M)2024 Revenue 171 ($206M) Expenses 177 ($186M) Net assets 230 ($213M)2025 Revenue 167 ($200M) Expenses 185 ($194M) Net assets 247 ($229M)
'17'18'19'20'21'22'23'24'25
Revenue (167)Expenses (185)Net assets (247)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $268M to $324M (+21%).

$222M
$236M
$243M
$268M
$324M
$322M
$334M
$369M
$418M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 1% · 2020 2% · 2021 3% · 2022 6% · 2023 7% · 2024 6% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.

16% of Marian University’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$15M
’17
$18M
’18
$17M
’19
$11M
’20
$39M
’21
$15M
’22
$2.3M
’23
$20M
’24
$6.1M
’25
1.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed596661687065676473
Joined·+17+9+67+36+5+9+64+13
No longer listed·10146034107674
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 25 funders to 64 funders, grant income rose $2.9M → $10M.

21 of 153 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $3.7M from 20 payers (the payer shares this organization's board, largest Central Indiana Community Foundation Inc). These are real filings, and they are not money Marian University raised.

From the IRS filings of Marian University’s funders (the co-funder graph). Top 30 of 153 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Marian University leans on a few funders — its largest provides 48% of grant income and the top three 66%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

29% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Marian University.

48%
largest funder
66%
top three
~4
effective funders

Largest funder’s share by year: 2017 52% · 2018 22% · 2019 18% · 2020 49% · 2021 16% · 2022 36% · 2023 34% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

44% of Marian University's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

89% of Marian University's grant income comes from Indiana funders.

VT
IL
WI
NY
MA
OR
IN
OH
PA
NJ
CT
MO
KY
VA
MD
DE
AZ
AR
TN
NC
AL
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $15M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Marian University has grown faster than half of the 684 education nonprofits its size.

Operating margin3% · below the median
Months of reserve1.6mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Government funding Marian University receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $31.2M on record.

Federal$31.2M
grants $26.2Mcontracts $4.9M
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Education$21.2M
  • Department of Defense$4.9M
  • National Science Foundation$2.9M
  • Department of Health and Human Services$1.7M
  • Department of Justice$299k
  • Department of the Interior$112k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Marian University

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 13%Fundraising 2%

Governance

51
board members
98%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 3 related entities

  • Sisters of St Francis · exempt
  • Independent Colleges of Indiana Inc · exempt
  • Cold Spring Innovation Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Marian University: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Marian University?
Marian University (Indiana) receives grants from 153 organizations whose IRS filings report $70,193,116 to it, the largest being LILLY ENDOWMENT INC ($33,703,276). 83 of them have funded it in more than one year.
How many funders does Marian University have?
IRS filings report 153 organizations giving $70,193,116 in grants to Marian University, 83 of which have funded it in more than one year.
Who is the largest funder of Marian University?
LILLY ENDOWMENT INC is the largest funder on record, with $33,703,276 in grants. The full list of funders is on this page.
How can an organization like Marian University find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 153 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing